Restaurant News

Markets

Restaurant Brands Asia share price surges 6% as Q3 loss narrows: Should you buy or sell now?

Restaurant Brands Asia's share price jumped 6% after reporting a narrower Q3FY24 loss and robust sales over the festive period. Despite challenges in demand, Restaurant Brands Asia's Q3FY24 performance surprised favourably, with a 20% YoY increase in revenue and 6% improvement in traffic.

3 min read30 Jan 2024
Markets

QSR sector sees no material recovery in 3QFY24, says Antique Stock Broking; prefers Sapphire Foods, Devyani Intl

QSR companies have not witnessed any material recovery in 3QFY24 compared to 2QFY24. Antique Stock Broking maintains a SELL rating on Jubilant FoodWorks due to near-term headwinds in the pizza segment, while preferring Devyani International and Sapphire Foods for their stable performance in KFC.

2 min read1 Jan 2024
News

Delhi restaurants now allowed to serve food in open spaces, terrace

The MCD has approved the grant of licence for use of open space and terrace for dining purpose. In supersession of all earlier orders, servicing of food is now allowed in open space and terraces

1 min read14 Nov 2022
News

Amid Covid-19, Kolkata restaurant provides masks with zips to customers free of cost

Masks with zips is given to the customers upon entry and allows the patrons to relish the delicacies served at the restaurant without the hassle of removing the masksRestaurants across the country had been allowed to reopen and function at 50% capacity by the Centre in September

1 min read19 Oct 2020
Companies

Singapore Airlines’ A380 restaurant tickets sell out in 30 minutes

Diners can chose to get a dining experience inside the Airbus A380, the world’s largest passenger aircraft

2 min read12 Oct 2020
Companies

Enjoy your meal—quickly. Restaurants introduce time limits

To survive the pandemic, some restaurants are limiting the time diners can spend on meals; ‘every minute counts’

5 min read6 Oct 2020
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Companies

‘We are doubling down on our cloud-kitchen brands’

Customers will start ordering directly from brands they trust and are comfortable with, and not go through aggregators, says Riyaaz Amlani, CEO & MD, Impresario Handmade Restaurants

3 min read6 Oct 2020
News

Maharashtra govt issues guidelines for restaurants set to re-open from Monday

The Covid-related guidelines state that all customers must be screened at the entry point and only asymptomatic customers shall be allowed

1 min read3 Oct 2020
Companies

Businesses explore new delivery options

Sellers get wider visibility through marketplace-based platforms

1 min read2 Oct 2020
Companies

High-end hotels struggle

Fine-dining depends in large part on the ambience, attentive and knowledgeable staff, and flamboyance in plating and service

3 min read15 Sep 2020
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